The 'Eternal Lands' structure in your personal 'Library/Application Support' should be created at the first start of the client, no matter where you download/unzip the client to, so I doubt that you did anything wrong there.
Maybe the client has problems with 10.8 (unfortunately I can't test that).
You could try to manually create '/Users/purplehaze/Library/Application Support/Eternal Lands/main/', so the client finds the expected structure to save it's files...

Oh, wow! Sulla, thank you for the advice. I found my logs and the "main" folder I was looking for and, yes, I was running into issues with the "Library" being invisible for some reason. Thank you kindly

Anytime. It's just Apple making it harder for folks who don't know what they are doing with the system to muck things up. I don't personally agree with it but I see what they are going for. Happy to help.